The proposed plan seeks the removal of five directors from the company’s board, explicitly naming interim CEO Daniel Lewis among those targeted. Such a concentrated board turnover constitutes a dramatic governance intervention that could force a rapid reassessment of strategy, oversight and executive authority. [...]
Industry guidance has clarified that lenders obtaining a one‑time waiver may continue using UAD 2.6 for a limited transitional period beyond its scheduled retirement. The move provides immediate operational relief for originators and appraisal processors that lack fully deployed system or vendor integrations, reducing [...]
FHFA and Case-Shiller show accelerating home prices but inflation erodes gains—implications for underwriting, collateral risks and private lending returns.
Utah lawmaker resigned after prosecutors charged him with alleged mortgage fraud involving false employment and income documents used to obtain Layton home
Private lenders: FICO slump signals shifting mortgage scoring landscape as FHFA moves to integrate VantageScore into GSEs pricing, heightening competition.
The ad‑free platform removes display advertising and foregrounds broker and agent attribution, presenting mortgage content with minimal distraction so that licensed originators receive direct credit and visibility. By offering free access, the site lowers barriers for consumers and referral partners, encouraging broad use without [...]
ServiceLink’s Loan Officer Report finds that mortgage fee transparency combined with borrower education can create a clear competitive advantage for originators. Loan officers who openly disclose fees, explain tradeoffs and contextualize costs reduce friction, strengthen borrower trust and improve conversion outcomes. The report frames [...]
Checklist for private lenders: reactivate relationships, implement a monthly process improvement, and maintain consistent useful publishing, not promotion.
The company announced the wind-down of its wholesale and correspondent channel, a move that represents a deliberate reallocation of origination resources and a retrenchment from intermediary distribution. Management characterized the shift as part of a broader strategy to concentrate on direct retail and digital [...]
Two objectors named March and Friedman were denied rehearing, a development that consolidates the standing of the underlying adjudication and narrows immediate avenues for judicial reversal. The denials signal that the body asked to reconsider found the original disposition sufficiently supported to maintain, which [...]
